In a puzzling scenario, some Asia Pacific countries are seeing prices rising in their home markets despite a global economic slowdown, according to the latest edition of Knight Frank's Asia Pacific Residential Review compiled by Nicholas Holt. His findings were posted in an online press release.
Hong Kong is seeing its strongest quarterly growth since third quarter 2009. Quarter on quarter price growth jumped from 1.8% to 8.4% in Q2 in the Hong Kong residential market as sentiment improved and pent-up demand drove up transaction volumes, according to the report...............................................Full Article: Source